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When You Have a Commodity
Many readers have
emailed me about their products or services that are now being
perceived as commodities. Baseline Selling has a very detailed
section of the book devoted to commodities. I call the section
Commodity Busters and those of you who find yourself in this
situation should refer to that.
If your prospects
perceive you to be the same as your competitors, you have only
yourself to blame. It comes down to positioning, selling
value, differentiating yourself and being strong enough to push
back. It means not caving in to having the lowest price but
instead, learning under what conditions your prospect will pay more.
It means asking questions instead of quoting a price. It means
asking even tougher questions when they want to compare proposals.
It means being able to differentiate yourself and your company when
apples are apples. It means being able to say "no". It
means being able to say, "You know, a lot of companies are trying to
do what we do and some of them are coming pretty close. Why
would you do business with us when you could get it from one of the
imitators for less?" In case you didn't know, that questions
causes your prospect to provide you with the reasons they would buy
from you. It's not an example of you giving up.
Read the section on
Commodity Busters for the specifics.
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